Tag: U.S. West Texas Intermediate

Brent crude futures were down $4.65, or 4.1 per cent, at $110.00 a barrel while U.S. West Texas Intermediate (WTI) ...

The rise follows fears of increased tension in the Middle East.

U.S. President Donald Trump threatened Tehran on Sunday, tweeting that a conflict would be the “official end” of Iran.

Optimism that the U.S. and China will soon end their bitter trade disputes has offered some support.

International Brent crude futures were at $66.20 per barrel at 0525 GMT, down 19 cents, or 0.3 per cent from ...

Oil prices were supported as U.S. president, Donald Trump, said on Thursday he would meet with the Chinese president, Xi ...

Markets were however, held in check by expectations of an economic slowdown in 2019.

Oil markets had been well supported by OPEC-led production cuts.

The jump in Brent prices makes U.S. oil exports more attractive.

Tensions in the Middle East mean a risk premium is being priced into oil markets.